Negative interest rates and the road to Hell

The world’s central banks are rushing to impose negative interest rates. But with negative rates will come social disaster, says James Lewisohn.

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Bank Of Japan Governor Haruhiko Kuroda should have stayed at home

The ancient Roman philosopher, Seneca, said "travel and change of place impart new vigour to the mind". But perhaps central bankers should not be allowed to travel?

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James Lewisohn began his career as an investment banker in New York with Bear, Stearns & Co. He went on to work as an M&A advisor in London at UBS Warburg, and was head of private equity for Lord (Jacob) Rothschild's investment group, including RIT Capital Partners Plc and the Yad Hanadiv Foundation. 

 

James currently works as an advisor to investment funds, family offices and companies, and is chairman of the Investment Committee of Poul & Erna Sehested Hansens Fond, a Danish medical and educational charity. He is also a trustee of Barry & Martin's Trust, a UK charity dedicated to HIV/AIDS prevention and care in China.